Village On The Ponds

Chanhassen, MN 55317
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Property Description

420-438 Pond Promenade
Chanhassen, MN 55317

Status: For Lease

Property Type: Retail

Grocery Anchored Retail Space For Lease!

Village on the Ponds is a 14,850 square foot retail center located in a grocery-anchored development at the SW corner of Hwy 5 and Great Plains Boulevard in Chanhassen. Join co-tenants Bonsai Sushi, Code Ninjas, ATA Chanhassen Martial Arts, Dentistry on the Ponds, and Johnson Fitness & Wellness Store.

Highlights and Features: 

  • Great visibility and easy access 
  • Parking: Approximately 55 spaces 
  • Area tenants include Chick-fil-A, Total Wine, Lakewinds Co-op, Byerly's, Target, Cub Foods, Caribou Coffee, Office Max, Walgreens, Applebee's, Subway, Chipotle, Houlihan's, Buffalo Wild Wings, Spalon Montage and Cost Cutters

Demographics and Traffic Counts: 

  • 2018 Population: 1 mile – 6,321, 3 miles – 49,192, 5 miles – 123,416 
  • 2018 Average Household Income: 1 mile - $130,189, 3 miles - $161,832, 5 miles - $136,517 
  • Hwy 101 - 30,000, Hwy 5 - 50,000 vpd and Great Plains Blvd - 6,600 vpd

Space Available: 

  • Suite 424: 1,440 sf (former pizza space)
  • 2019 CAM: $5.60 psf and Tax: $4.43 psf 
  • Lease Rate: Negotiable